Corning's first quarter 2026 revenue of $4.35B beat estimates, driven by strong AI-related demand in Optical Communications.

Corning reported first quarter 2026 core sales of $4.35 billion, an increase of 18% year-over-year, while core EPS of $0.70 met expectations and grew 30% from the prior year. The performance was led by significant growth in the Optical Communications and Solar segments.

Key Highlights

• Optical Communications sales grew 36% year-over-year to $1.85 billion, driven by robust demand for products supporting Gen AI data centers.
• The company secured two additional large, long-term agreements with hyperscale customers, described as similar in size and duration to its recent multi-billion dollar deal with Meta.
• Solar segment sales surged 80% year-over-year, demonstrating strong momentum in the new reporting segment.
• Management guided second quarter core sales to approximately $4.6 billion (up 14% YoY) and core EPS to a range of $0.73-$0.77 (up 25% YoY).